Moors & Cabot Inc. Has $564,000 Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Moors & Cabot Inc. lowered its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 2.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 37,225 shares of the investment management company’s stock after selling 918 shares during the period. Moors & Cabot Inc.’s holdings in Golub Capital BDC were worth $564,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Van ECK Associates Corp boosted its position in shares of Golub Capital BDC by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company’s stock valued at $68,555,000 after buying an additional 533,895 shares during the last quarter. Sound Income Strategies LLC lifted its stake in Golub Capital BDC by 6.0% during the 4th quarter. Sound Income Strategies LLC now owns 3,055,380 shares of the investment management company’s stock valued at $46,320,000 after acquiring an additional 172,519 shares in the last quarter. Northeast Financial Consultants Inc boosted its holdings in Golub Capital BDC by 25.9% during the 3rd quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company’s stock worth $40,016,000 after acquiring an additional 544,126 shares during the last quarter. Sage Mountain Advisors LLC grew its stake in shares of Golub Capital BDC by 38.8% in the 4th quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company’s stock worth $38,043,000 after acquiring an additional 701,594 shares in the last quarter. Finally, Partners Group Holding AG raised its holdings in shares of Golub Capital BDC by 48.2% in the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock valued at $30,139,000 after purchasing an additional 648,855 shares during the last quarter. 42.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on GBDC shares. Wells Fargo & Company reduced their price objective on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research report on Thursday, November 21st. StockNews.com raised Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Monday, March 10th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Golub Capital BDC currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.38.

Golub Capital BDC Stock Performance

NASDAQ GBDC opened at $14.67 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. The company has a market capitalization of $3.89 billion, a PE ratio of 10.63 and a beta of 0.50. Golub Capital BDC, Inc. has a 52-week low of $14.05 and a 52-week high of $17.72. The company has a 50-day simple moving average of $15.41 and a 200 day simple moving average of $15.25.

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. On average, research analysts predict that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.39 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.63%. Golub Capital BDC’s dividend payout ratio is presently 113.04%.

Golub Capital BDC Company Profile

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.